High-speed rail might hurt airline business

2011-06-13 15:31:33

The new Beijing-Shanghai high-speed trains might lead to a 20 percent to 30 percent reduction in airline passengers on that route.

Chinese boost London's luxury housing market

2011-06-13 15:28:30

London's luxury estate agents have been busy recruiting Chinese-speaking employees thanks to the increasing number of rich Chinese buyers.

Proposed law protects mental illness patients

2011-06-10 20:22:58

The Legislative Affairs Office of the State Council issued an announcement on Friday, asking for public feedback on a proposed mental health law.

Doctors accused of taking drug kickbacks

2011-06-10 17:18:53

A bribery scandal involving over a hundred doctors in Wenzhou, East China's Zhejiang province, has been urged for investigation, news agency chinanews.com reported on Friday.

State grain depots mired in $26m Ponzi fraud

2011-06-10 15:58:56

Nine directors of a number of state-owned grain depots in Lanxi county of Northeast China's Heilongjiang province have been charged with fraud after swindling a bank out of 170 million yuan ($26 million).

Ripe time for automated trading in China's capital markets

2011-06-10 15:54:08

Algorithmic trading, the using of computer programs to decide when and how to trade certain assets such as stocks and derivatives, will bring new opportunities to Chinese investors, and China's financial markets will accordingly become more efficient.

Over 70,000 Chinese got US green cards in 2010

2011-06-10 14:56:11

Over 70,000 Chinese applicants obtained a US green card in 2010, according to statistics released by the US Department of Homeland Security, reported China News Service Friday.

Man draws 1 yuan at a time to revenge bank

2011-06-10 10:27:25

A man, irritated with service at his local bank, withdrew 1 yuan (14 cents) at a time to agonize a bank worker, resulting in the police being called to resolve the conflict, the Shandong Business Daily reported.

Water management firms eye China

2011-06-09 14:31:57

France-based Suez Environment (Suez) and US-based General Electric Co (GE) recently signed an agreement to jointly develop new urban water management technologies, and the first projects will focus on cities in China and France, China Securities Journal reported Thursday.

Public hearing washout over water price hike

2011-06-09 14:11:38

A public hearing into a price hike in tap water in a South China city may be postponed after residents snubbed the meeting in protest their views would not be considered.

Chinese tourists can now drive to DPRK

2011-06-09 13:43:28

A tour motorcade departed from Changchun city, Northeast China's Jilin province Thursday, headed to the border city of Rason, Democratic People's Republic of Korea (DPRK), becoming the first tourists from China to drive across the border into the DPRK, China News Service reported Thursday.

200 tons of toxic herbs in the market

2011-06-09 11:55:05

An estimated 200 tons of herbal chrysanthemums containing a banned toxic chemical has entered the market, cnr.cn reported Thursday.